SMM News: on July 26, 2019, the stainless Steel Branch of the China Special Steel Enterprises Association announced the following statistical data on the output of stainless steel crude steel in China in the first half of 2019:
Crude steel output
In the first half of 2019, the national output of stainless steel crude steel was 14.354 million tons, an increase of 1.126 million tons, or 8.51 per cent, compared with the same period in the first half of 2018. Of which:
The output of Cr-Ni stainless steel was 7.065 million tons, an increase of 1.128 million tons, an increase of 19.00 percent, and the share increased by 4.34 percentage points to 49.22 percent over the same period last year.
The output of Cr-Mn stainless steel (including some products that do not meet international standards) was 4.679 million tons, an increase of 166000 tons, an increase of 3.68 percent, and the share decreased by 1.52 percentage points to 32.6 percent.
The output of Cr stainless steel was 2.517 million tons, which decreased by 201000 tons, decreased by 7.4%, and its share decreased by 3.01% to 17.53%.
Duplex stainless steel 93486 tons, an increase of 33138 tons over the same period last year, an increase of 54.91 per cent.
Import and export volume
In the first half of 2019, the import of stainless steel was 680000 tons, a decrease of 475000 tons over the same period last year and a decrease of 69.81 percent over the same period last year.
In the first half of 2019, the export of stainless steel was 1.698 million tons, down 743000 tons from the same period last year and down 43.75 per cent from the same period last year.
Apparent consumption
The apparent consumption of stainless steel in the first half of 2019 was 11.929 million tons, an increase of 1.575 million tons or 15.21 per cent over the same period last year.
(note: production statistics for the first half of 2019 include some of the output that was not included in the statistics last year.)
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